While most wages in Lebanon have remained unchanged, the value of the Lebanese pound has gone down more than 90 percent since end-2019. As a result, the salary of a Lebanese soldier, in global terms, has gone down to $90 from $850 earlier.

Lebanon's outgoing finance minister Ghazi Wazni has told reporters that auditing firm Alvarez & Marsal would be signed on within days to conduct the audit into Banque du Liban, which is currently headed by its governor Riad Salameh.

The meeting, during which a ministerial statement is to be drafted to be submitted to a confidence vote in parliament, opened in the presence of President Michel Aoun. He said in a statement he hoped the committee would pursue negotiations with the International Monetary Fund.

Based on a survey done last year, 77 percent of Lebanese youth said they think about emigrating and seek it, and this percentage is the highest among all Arab countries

Formed after 13 months of political deadlock, tackling the country's worst ever economic crisis ought to be the new government's priority.

The country no longer has the money needed to support its economy, says the new Prime Minister Najib Mikati said in a TV interview.

Lebanon’s President Michel Aoun and Prime Minister-designate Najib Mikati signed Friday the decree to form the new government, bringing to an end the 13 months-long deadlock that had hampered the formation of a cabinet.

Lebanon’s caretaker minister of social affairs announced the cash cards on Thursday, saying they would benefit 500,000 families.

The director-general of the Iranian Trade Promotion Organization’s Office of Arabian and African Countries has said Iran is in talks with Lebanon for an FTA.

Since the start of the crisis in 2019, several thousand Lebanese have emigrated, many of them to Cyprus.

A crushing economic crisis, a sharp collapse of the local currency and a bankrupt banking sector are adding to the woes of Lebanon, says senior economist Dr Nasser H. Saidi.

The country has said it is ‘ready’ to help Lebanon with ‘transit for Egyptian gas and Jordanian electricity via Syrian territory’.

That number goes up to 5 out of 6 people when one redefines poverty beyond the usual fiscal lines and adds social indicators to it.

The Lebanese flour millers' association has said mills might gradually stop working as fuel supplies run out. This, when the average cost of food for a Lebanese family is already five times the minimum wage.

Since 2019, Lebanon's financial meltdown, one on the planet's worst since the 1850s, has decimated the country's middle class

The World Bank has already called Lebanon’s economic crisis one of the worst in the world since the mid-1800s.

Unesco’s Li Beirut initiative has been working for three months to inspect the museum’s artefacts for inventory, classification, and storage.

Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents

The delegation will discuss the possibility of receiving electricity from Jordan and gas from Egypt through Syrian territories.

Lebanon is expected to use ENOC’s fuel to generate electricity, as the Iraqi oil is deemed unsuitable for the process.

The new rule authorizes banks to buy dollars from fresh dollar accounts without a customer's permission.

The decision to disburse the $246-million World Bank loan in dollars will have a significant impact on the beneficiaries.

Rights groups have decried an “education catastrophe”, with more than a million children in Lebanon out of school since the country’s Covid-19 outbreak began in February last year

The cost of hydrocarbon fuels in Lebanon has now roughly tripled in the two months

Residents line up for days to get gas, while electricity only runs for 2 hours a day

Unicef is calling for the urgent restoration of power supply, which is the only solution to keep water services running.

Lebanon has been struggling with fuel shortages for a couple of months, which has led to protracted power outages.

The flaws in the health systems of some MENA countries such as Tunisia, Lebanon and Jordan, which were struggling with sinking economies and other challenges, were exposed by the pandemic.

The move, prohibited by US sanctions on Iran's oil industry, could drag Lebanon into the covert naval war between Tehran and Israel

The explosion on Sunday in the Akkar region scorched crowds clamoring for petrol that the army was distributing in light of severe fuel shortages.

At least 28 people were killed when the fuel tank blew up

El Zoghbi, one of the most famous artistes in the Arab world, announced her decision on Twitter.

Health authorities acknowledge the official figures underestimate the country's real toll

The cause of the explosion was not immediately clear. Lebanon, hit by a financial crisis branded by the World Bank as one of the planet’s worst since the 1850s, has been grappling with dire fuel shortages for months. The Lebanese army on Saturday said it seized thousands of liters of...

Lebanon's central bank governor has vowed not to reverse his decision to stop subsidising fuel imports, unless parliament votes to force the monetary authority to raid its compulsory foreign reserves. The country is gripped by one of the worst economic crises since the 1850s and is struggling with shortages of...

Fuel importers blame the crisis on a delay by the central bank in opening credit lines to fund imports

As the fuel crisis worsens in Lebanon, the country's leadership appears to be at odds over how to end the crisis that has kept the whole country on the edge for most of the summer.

In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for fuel, amid its shortage.

The Saudi Cabinet, however, reiterated its solidarity with the country whose people are looking at a deepening economic crisis.

78 percent of the country's population lives in poverty, higher than last year's figure of 55 percent.

The fatalities have taken place in two different incidents in the country where fuel is scarce due to an ongoing economic crisis. Lebanon is in the throes of an economic crisis that has led the country’s currency to be devalued by more than 90% since end-2019.

Wives, sisters and mothers of those killed held portraits of their loved ones and marched ahead of three symbolic coffins covered in flowers

Hezbollah leader Hassan Nasrallah described the air strikes this week as a 'very dangerous development'

Francis said he hoped an international conference on Beirut explosion anniversary proves productive.

Nearly one in two adults also showing signs of psychological distress, according to UNICEF survey of 1,200 families.

Political parties said to be again bickering over portfolios, which prevented government formation during the past one year.

The first shipment was sent on July 8 on an Amiri Air Force aircraft belonging to the Qatari Armed Forces, said the local reports. In June, Lebanon’s army chief Joseph Aoun appealed to world powers to assist the military, noting it was struggling to pay soldiers’ wages. Aoun also warned...

Several people were wounded in the exchange of fire in the Khalde area between members of the Lebanese Shiite group and Sunni residents

Footage of the fireball erupting above the port and the white blast mushroom soaring skywards and tearing through the city drew inevitable comparisons with Hiroshima and Nagasaki.

The spreading wildfires have led President Recep Tayyip Erdogan to declare parts of southern Turkey, where the blazes are predominant, as “disaster areas.”